Hong Kong’s improving consumer sentiment will lift the outlook for rents and prices of street level shops, market observers said. Photo: Jelly Tse
‘The worst is over’ for Hong Kong’s shops segment, with rents and prices to recover on better consumer sentiment
- Hong Kong’s shop market can expect a V-shaped rebound in transaction volume and prices in the second half, says Bridgeway CEO Lee
- Prime street shop rents have continued to fall since the social unrest in mid-2019, taking the cumulative decline in value to 75 per cent from 2013
Hong Kong’s improving consumer sentiment will lift the outlook for rents and prices of street level shops, market observers said. Photo: Jelly Tse
